| Initial public offering of up to [*] equity shares of face value of Rs. 10 each ("Equity Shares") of Ethos Limited (the "Company" or the "Issuer") for cash at a price of Rs. [*] per equity share (including a share premium of
Rs. [*] per equity share) ("Offer Price") aggregating up to Rs. [*] crores (the "Offer") comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 375.00 crores* (the "Fresh Issue") and an offer for sale of up to 11,08,037 equity shares aggregating up to Rs. [*] crores by the selling shareholders referred to in annexure a. (the "Offer for Sale").
the offer would constitute [*]%, of the post-offer paid-up equity share capital.
*The company, in consultation with the brlms, has undertaken a pre-ipo placement of 3,02,663 equity shares aggregating to Rs. 25.00 crores ("pre-ipo placement"). The size of the fresh issue as disclosed in the draft red herring prospectus, aggregating up to Rs. 400.00 crores, has been reduced by Rs. 25.00 crores pursuant to the pre-ipo placement, and accordingly, the fresh issue is of up to Rs. 375.00 crores. The company has informed all the pre-ipo investors/buyers that the offer may or may not be successful and the equity shares of the company may or may not get listed.
Price Band Rs. 836 to Rs. 878 per equity share of face value of Rs. 10 each.
The floor price is 83.60 times the face value of the equity shares and the cap price is 87.80 times the face value of the equity shares.
Bids can be made for minimum of 17 and in multiples of 17 equity shares thereafter. |